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Phoenix Works 500 King St

23,638 SF 73% Leased Office Building Stoke On Trent ST3 1EZ £575,000 (£24/SF)

Investment Highlights

  • A50 - 0.2 miles
  • M6 J15 – 4.3 miles
  • A500 ‘D’ Road – 2 miles

Executive Summary

Phoenix Works is a heritage former pottery work dating back to 1881, with a featured bottle kiln and courtyard, in a site area of 0.356 acres. Full planning consent has been granted 16th September 2024 for the conversion to 25no residential dwellings and 2no retail units (Planning Ref: 70591/FUL) and Listed Building Consent (Planning Ref: 70652/LBC).
£575,000.

Property Facts

Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
23,638 SF
Building Class
C
Year Built/Renovated
1850/2010
Price
£575,000
Price Per SF
£24
Percent Leased
73%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
7,879 SF
Building FAR
0.78
Land Acres
0.70 AC

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • Ground-Ste 1&2
  • 2,177 SF
  • Retail
  • Shell Space
  • Now

Available by way of new full repairing and insuring lease for a term to be agreed. A service charge for contributions towards upkeep and maintenance of common area items is applicable, approximately 8% to 10% of the passing rent. RENT £25,000 per annum plus VAT.

  • Ground-Ste 3
  • 937 SF
  • Office
  • Shell Space
  • Now

Available by way of new full repairing and insuring Leases for a term to be agreed. RENT- £15,00 per annum plus VAT

  • Ground-Ste 7B
  • 309 SF
  • Office
  • Shell Space
  • Now

Available by way of new full repairing and insuring Leases for a term to be agreed. A service charge for contributions towards upkeep and maintenance of common area items is applicable, approximately 8% to 10% of the passing rent. RENT- £21,500 per annum plus VAT

  • 1st Fl-Ste 3
  • 937 SF
  • Office
  • Shell Space
  • Now

Available by way of new full repairing and insuring Leases for a term to be agreed. RENT- £15,00 per annum plus VAT

  • 1st Fl-Ste 7B
  • 1,846 SF
  • Office
  • Shell Space
  • Now

Available by way of new full repairing and insuring Leases for a term to be agreed. A service charge for contributions towards upkeep and maintenance of common area items is applicable, approximately 8% to 10% of the passing rent. RENT- £21,500 per annum plus VAT

Space Size Space Use Condition Available
Ground-Ste 1&2 2,177 SF Retail Shell Space Now
Ground-Ste 3 937 SF Office Shell Space Now
Ground-Ste 7B 309 SF Office Shell Space Now
1st Fl-Ste 3 937 SF Office Shell Space Now
1st Fl-Ste 7B 1,846 SF Office Shell Space Now

Ground-Ste 1&2

Size
2,177 SF
Space Use
Retail
Condition
Shell Space
Available
Now

Ground-Ste 3

Size
937 SF
Space Use
Office
Condition
Shell Space
Available
Now

Ground-Ste 7B

Size
309 SF
Space Use
Office
Condition
Shell Space
Available
Now

1st Fl-Ste 3

Size
937 SF
Space Use
Office
Condition
Shell Space
Available
Now

1st Fl-Ste 7B

Size
1,846 SF
Space Use
Office
Condition
Shell Space
Available
Now

Ground-Ste 1&2

Size 2,177 SF
Space Use Retail
Condition Shell Space
Available Now

Available by way of new full repairing and insuring lease for a term to be agreed. A service charge for contributions towards upkeep and maintenance of common area items is applicable, approximately 8% to 10% of the passing rent. RENT £25,000 per annum plus VAT.

Ground-Ste 3

Size 937 SF
Space Use Office
Condition Shell Space
Available Now

Available by way of new full repairing and insuring Leases for a term to be agreed. RENT- £15,00 per annum plus VAT

Ground-Ste 7B

Size 309 SF
Space Use Office
Condition Shell Space
Available Now

Available by way of new full repairing and insuring Leases for a term to be agreed. A service charge for contributions towards upkeep and maintenance of common area items is applicable, approximately 8% to 10% of the passing rent. RENT- £21,500 per annum plus VAT

1st Fl-Ste 3

Size 937 SF
Space Use Office
Condition Shell Space
Available Now

Available by way of new full repairing and insuring Leases for a term to be agreed. RENT- £15,00 per annum plus VAT

1st Fl-Ste 7B

Size 1,846 SF
Space Use Office
Condition Shell Space
Available Now

Available by way of new full repairing and insuring Leases for a term to be agreed. A service charge for contributions towards upkeep and maintenance of common area items is applicable, approximately 8% to 10% of the passing rent. RENT- £21,500 per annum plus VAT

  • Listing ID: 33698992

  • Date on Market: 31/10/2024

  • Last Updated:

  • Address: 500 King St, Stoke On Trent ST3 1EZ

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